The KCFSI suggests financial stress decreased in December and moved below its historical average
The KCFSI suggests financial stress decreased in December and moved below its historical average.
The KCFSI suggests financial stress decreased in December and moved below its historical average.
Latest data
The Kansas City Financial Stress Index (KCFSI) decreased from 0.23 in November to -0.43 in December and moved below its historical average.
About KCFSI
The Kansas City Financial Stress Index (KCFSI) is a monthly measure of stress in the U.S. financial system based on 11 financial market variables.
A positive value indicates that financial stress is above the long-run average, while a negative value signifies that financial stress is below the long-run average. Another useful way to assess the current level of financial stress is to compare the index to its value during past, widely recognized episodes of financial stress.
Related Research
- Financial Stress: What Is It, How Can It Be Measured, and Why Does It Matter?
By Craig S. Hakkio and William R. Keeton
